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Old Mutual International, part of Old Mutual Wealth, boosts support for the domestic adviser channel in Hong Kong with a new senior appointment. Ivy Lee joins as Head of Business Development for the Hong Kong domestic market with responsibility for building and growing Old Mutual International’s reach in the domestic adviser market.

Old Mutual International, part of Old Mutual Wealth, the leading wealth management business in the UK and internationally, announces the appointment of Simon Hull as operations director for the Isle of Man.

Old Mutual International is pleased to announce the launch of a new expat referral service offered by EY. The new service comes at a time when expats and non-UK domiciles will value expert tax advice as they digest what ‘Brexit’ could mean for them. Over the coming months and years, this demand is likely to increase as more detail emerges on the potential legislative changes.

Old Mutual Wealth announces the launch of a new flagship range of international investment portfolios. The Old Mutual Compass Portfolio range is the first launch from the Old Mutual Wealth multi-asset unit formed last year, run by co-investment directors Anthony Gillham and Ben Mountain, which combines the best in class capabilities from Old Mutual Global Investors (OMGI) and Quilter Cheviot. The new portfolios will be available through Old Mutual International and Quilter Cheviot.

Changes potentially due to come in on 6 April 2017 could mean some non-UK domiciles may no longer need to rush to sell their overseas assets before they become deemed UK domiciled, and others may be thousands of pounds better off if they hold onto overseas assets until after they become deemed UK domiciled. However, this change is not expected to be consulted on until later this year, and changes won’t be confirmed until the Finance Bill 2017, so non-UK domiciles face a period of uncertainty.